Abstracts – Browse Results

Search or browse again.

Click on the titles below to expand the information about each abstract.
Viewing 9 results ...

Ameyaw, E E and Chan, A P C (2015) Risk allocation in public-private partnership water supply projects in Ghana. Construction Management and Economics, 33(03), 187-208.

  • Type: Journal Article
  • Keywords:
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446193.2015.1031148
  • Abstract:
    Appropriate risk allocation (RA) between public and private sectors according to their risk management (RM) capabilities is crucial for the success of public-private partnership (PPP) projects. The RA process in PPP water projects is examined, and a methodology based on fuzzy set theory is outlined with RA principles that can be used by public-private participants to arrive at fair RA decisions. Empirical data based on an industry-wide three-round Delphi questionnaire survey is used in this study to outline the methodology. The fuzzy set theory is employed for the RA analysis because it deals well with the complex multi-criteria problem of, and precisely accounts for the fuzziness inherent in human cognitive process that characterize, RA decision-making. Five risk factors are evaluated on each RA principle, analysed and assigned between the public and private sectors. The results show that it is appropriate to allocate risks according to both sectors' RM capability to manage them, using established RA principles and fuzzy set theory. The methodology renders the decision-making process more systematic and practical because the fuzzy theory approach allows decision makers to express their evaluations of both sectors' RM capabilities in descriptive qualitative terms. The results should assist public clients to establish efficient RA strategies and develop balanced RA schemes for PPP contracts, with a view to achieving a mutually acceptable RA with the private sector.

Bresnen, M, Edelman, L, Newell, S, Scarbrough, H and Swan, J (2005) Exploring social capital in the construction firm. Building Research & Information, 33(03), 235–44.

Chancellor, W and Abbott, M (2015) The Australian construction industry: is the shadow economy distorting productivity?. Construction Management and Economics, 33(03), 176-86.

Edwards, D J and Holt, G D (2005) Exposure to hand–arm vibration: implications of new statutory requirements. Building Research & Information, 33(03), 257–66.

Lützkendorf, T and Lorenz, D (2005) Sustainable property investment: valuing sustainable buildings through property performance assessment. Building Research & Information, 33(03), 212–34.

Mäki, T and Kerosuo, H (2015) Site managers' daily work and the uses of building information modelling in construction site management. Construction Management and Economics, 33(03), 163-75.

Murphy, M E, Perera, S and Heaney, G (2015) Innovation management model: a tool for sustained implementation of product innovation into construction projects. Construction Management and Economics, 33(03), 209-32.

Ngowi, A B and Pienaar, E (2005) Trust factor in construction alliances. Building Research & Information, 33(03), 267–78.

Swaffield, J A (2005) Transient identification of defective trap seals. Building Research & Information, 33(03), 245–56.